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XTCYF (Pegasus Mercantile) Gross Margin % : 77.78% (As of Jun. 2024)


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What is Pegasus Mercantile Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pegasus Mercantile's Gross Profit for the three months ended in Jun. 2024 was $0.01 Mil. Pegasus Mercantile's Revenue for the three months ended in Jun. 2024 was $0.01 Mil. Therefore, Pegasus Mercantile's Gross Margin % for the quarter that ended in Jun. 2024 was 77.78%.


The historical rank and industry rank for Pegasus Mercantile's Gross Margin % or its related term are showing as below:

XTCYF' s Gross Margin % Range Over the Past 10 Years
Min: 90.91   Med: 90.91   Max: 94.83
Current: 94.83


During the past 13 years, the highest Gross Margin % of Pegasus Mercantile was 94.83%. The lowest was 90.91%. And the median was 90.91%.

XTCYF's Gross Margin % is ranked better than
94.85% of 369 companies
in the Credit Services industry
Industry Median: 54.97 vs XTCYF: 94.83

Pegasus Mercantile had a gross margin of 77.78% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pegasus Mercantile was 0.00% per year.


Pegasus Mercantile Gross Margin % Historical Data

The historical data trend for Pegasus Mercantile's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pegasus Mercantile Gross Margin % Chart

Pegasus Mercantile Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 93.75

Pegasus Mercantile Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 118.75 - 88.89 77.78

Competitive Comparison of Pegasus Mercantile's Gross Margin %

For the Credit Services subindustry, Pegasus Mercantile's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pegasus Mercantile's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pegasus Mercantile's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pegasus Mercantile's Gross Margin % falls into.


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Pegasus Mercantile Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Pegasus Mercantile's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=0 / 0.016
=(Revenue - Cost of Goods Sold) / Revenue
=(0.016 - 0.001) / 0.016
=93.75 %

Pegasus Mercantile's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0 / 0.009
=(Revenue - Cost of Goods Sold) / Revenue
=(0.009 - 0.002) / 0.009
=77.78 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Pegasus Mercantile  (OTCPK:XTCYF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pegasus Mercantile had a gross margin of 77.78% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Pegasus Mercantile Gross Margin % Related Terms

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Pegasus Mercantile Business Description

Traded in Other Exchanges
Address
1100 - 1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Pegasus Mercantile Inc is a debt financing company. The company provides high-growth companies with financial, operational, and management assistance in the fast growing market for wellness consumer products. The focus of the Company is on global wellness, psychedelics, mycology, hemp, and CBD, healthcare-related target companies, and its clinical studies and trials.